Data boosts Wall Street

At midday on Friday the New York equities markets were up, ending a largely positive note. Despite troubles early in the week, several new data releases tended to calm investor concerns that interest rates will rise further in the short term. The only real threats to a pause in the interest rate hikes by the [...]
Eurofirst 300 up on wide gains

With several European markets closed due to a holiday, trade was light on Thursday. However, the FTSE Eurofirst 300 managed to add 1.2 percent on the day to 1,300.26. Among the stocks seeing gains on the day, several were helped by broker upgrades. Among those were Eiffage, the French construction group, which added 1.5 percent [...]
FTSE 100 ends day higher

London’s equities markets were up on the day Thursday as the FTSE 100 added 1.6 percent to 5,677.7 and the FTSE 250 gained 1.5 percent to 9,190.5. The telecoms sector was mixed on the day. BT Group added 1.45 percent to 226¾p on rumors that Deutsche Telecom is thinking about proffering a bid. The rumor, [...]
Asian markets see more losses

Asian equities markets were down again on Thursday as investors continued to look for less risky places to put their money. The exception was the BSE 30 Index in India, which added 0.88 percent to 10,666.32 after a rally late in the day. In Thailand the SET Index fell 1.8 percent to 701.03, it’s lowest [...]
MasterCard IPO a success in New York

Wall Street was showing gains at mid-day on Thursday after investors welcomed new economic data that showed gross domestic product growth up and existing home sales down. Both sets of figures should lessen the chance of another interest rate hike in June. The GDP grew by a revised 5.3 percent in the first quarter, short [...]
London markets lower after gains

In London on Wednesday the equities markets took a tumble after Tuesday‘s gains, with the FTSE 100 dropping 1.6 percent to 5,587.1 and the FTSE 250 dropping 1.95 percent to 9,054. Much of the declines on the 100 were put to losses in the oil and mining sectors. Among blue-chip miners, Kazakhmys lost 5.7 percent [...]
Wall Street down on data

At mid-afternoon in New York, equities markets were down as new data showed durable goods orders lower than had been expected but new home sales up more than had been predicted. The Dow Jones Industrial Average was nearly flat, down by 10.08 points to 11,088.27, while the Nasdaq Composite and the S&P 500 each had [...]
Eurofirst up 2.4 percent on day

The FTSE Eurofirst 300 saw gains on Tuesday after Monday’s substantial losses, with a rise of 2.4 percent to 1,302.02. The gains came as investors looked for good buys and commodity prices turned upward again. In the oil sector, including oil companies and companies that service oilfield operations, gains were substantial. Statoil led the way [...]
London markets advance after recent losses

After big declines on Monday, the London equities markets were significantly on Tuesday. The FTSE 100 saw its largest percentage gain since April of 2003, adding 2.6 percent on the day to 5,678.7. Meanwhile, the FTSE 250 put on the most points on one day in its history, gaining 405.7 points, 4.6 percent, to 9,234.3. [...]
Tokyo markets see losses; emerging markets gain

Asian equities markets, especially in emerging economies, saw gains on Tuesday after Monday’s losses. Bargain-hunting and higher commodities prices helped bring about the advances. In Mumbai, the Sensex index added 3.3 percent to 10,822.78 after a 4.2 percent decline Monday. In Jakarta, the JSX index was up 1.3 percent to 1,326.26, while in Singapore the [...]